Financial Support

A woman holding on to her wedding ring

How To Protect Yourself During Divorce

If you’re going through a divorce in Washington State, there are five important estate planning questions you should consider. They are:

What happens if I die during my divorce?
What happens if I become incapacitated during my divorce?
How can I protect myself during divorce?
How can I protect my children during divorce?
How can I make sure my share of community property goes to the people I want it to go to rather than my future ex-spouse if I become incapacitated or die during my divorce?

Separate and Community Property in Divorce

Separate and Community Property in Divorce

Washington State is one of the nine community property states in the country. This means that, as a general rule, spouses will own an equal interest in any property acquired  during the marriage, even where only one spouse’s name is on the bank account, paycheck, or title. This distinction has a …

Divorce Derailing Retirement

Spousal Maintenance and the Tax Cuts and Jobs Act (TCJA)

Spousal maintenance payments are historically difficult to figure out in the course of divorce proceedings.  Each state has a distinct set of rules surrounding maintenance and is based on a variety of rationale.  Because the rationale behind an appropriate amount of payment can be subjective, mai…

College Costs for Divorced Couples

College Costs for Divorced Couples

If you have children of any age and are seeking a divorce make sure that negotiating college costs is top on your financial priority list. If your children are young, it is easy to overlook the importance of this issue or feel confident that it will sort itself out later. Unfortunately this is of…

Who Pays the Student Loan after Divorce?

Who Pays the Student Loan after Divorce?

This will likely not come as a surprise; I am a family law attorney and as a lawyer I attended law school… and piled on plenty of student loan debt to do so. But you don’t have to be a lawyer to understand that more and more students are graduating under enormous financial burdens associated with…

Divorce Derailing Retirement

Divorce Derailing Retirement

 
The baby boomer generation has been divorcing at alarming rates for the past decade or so.  In fact, divorce rates over the age of 50 have doubled in the past 20 years.  Middle-aged divorce, especially divorce after 50, can have an incredibly detrimental impact on retirement.  
Women are disp…

Divorce, Social Security and Remarriage

Divorce, Social Security and Remarriage

Social security is often misunderstood. Many clients struggle to understand their own benefits, let alone their spouse, or ex spouse’s. Unfortunately, this means many Americans are failing to receive their full benefits. According to a survey conducted by MassMutual more than 55 percent of Americ…